Egypt’s Foreign Reserves Fall by US$550 million at December-end
Egypt's foreign currency reserves fell to $15.332 billion at the end of November from $15.88 billion a month…
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CBE
Al Baraka Bank eyes 3 Mini Branches, First Presence in Upper Egypt
Al Baraka Bank Egypt is planning to start its first presence in Upper Egypt area through opening a mini branch…
Egypt Housing Offers New Facilities for Medium-income Project
Egypt's Ministry of Housing, Utilities & Urban Development announced Today new facilities for Dar Misr project…
Egypt C.Bank Records EGP23.8bn Net Profit at End-July
Egypt’s Central Bank (CBE) registered a net profit worth 23.8 billion Egyptian pounds (US$ 3.3 billion) during…
CBE: Annual Inflation Shrinks on Lower Vegetables, Food Commodities Prices
In its latest report on Tuesday, the Central Bank of Egypt (CBE) stated that the shrink in the inflation's annual…
Egypt-Weekly Dollar Bids Rise to Four Times a Week
The Central Bank of Egypt (CBE) raised the number of weekly bids for the dollar (known as the FX auction) from…
28 Local Banks offer EGP154bn for CBE’s 72nd Auction of Deposit Operation
28 banks operating in the Egyptian market offered Tuesday a domestic surplus liquidity totalling EGP 154.450…
CBE Expected To Allow Further Devaluation Of Egyptian Pound: HSBC
Further devaluation of Egyptian pound is expected during 2015 and 2016, according to a report issued by HSBC. This…
Private-sector Banks Registers 84% of Total Loans at End-June – Egypt C.Bank
The private-sector banks have seized 84% of total loans during second quarter ending on 31 March 2014, said the…
Egypt’s C.Bank Gets EGP65bn on 71st Auction of Deposit Operation Today
Egypt’s Central Bank (CBE) received on Tuesday EGP 65 billion of domestic surplus liquidity from local banks during…